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Chorus Aviation Inc T.CHR

Alternate Symbol(s):  CHRRF | T.CHR.DB.B | T.CHR.DB.C | T.CHR.DB.A

Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates through Regional Aviation Services segment. The Company offers contracted flying services within North America and also provides medical, logistical and humanitarian flight operations to Canadian and international customers. Its subsidiaries include Jazz Aviation LP, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation Corp., a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services, and Cygnet Aviation Academy, an accredited training academy preparing pilots for direct entry into airlines.


TSX:CHR - Post by User

Post by Hich1205on Oct 24, 2024 8:19am
223 Views
Post# 36279849

Time for clear direction

Time for clear direction The Falko disaster is now behind us with its lot of share dilution and losses, it's time for the management to provide a clear vision for the futur of CHR. Based on the last conference call, they said they intend to manage the remaining business in a smooth way with no major development or acquisition, so they have to provide a cash flow usage strategy and they will return it to shareholders. And by the way, CHR now manages less than half of it used to in 2023, so it's time to shrink the executive team, reduce the compensation that was increased  dramatically after the falko deal. By the way, if you take a look at the Board compensation, you will be stonned, the Board compensate itself like it is oversighting on the Royal Bank 
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